estate tax

Why One Liberal Favors Obama's Tax Cut Compromise

DailyFinance writer Jon Berr sees much to like in the compromise President Obama reached with congressional Republicans on taxes and unemployment compensation. And while he'd never call it perfect, as he notes, the American voters elect politicians to get stuff done, which this plan does.

Will Casey Johnson's Estate Enjoy a Tax Loophole?

Casey Johnson, found dead Jan. 4 at age 30, and Ruth Lilly, who died Dec. 31 at age 94, were both heirs to huge family fortunes -- and both died right around the moment when a U.S. tax loophole took effect, with the potential to cost billions in revenue and to drive estate-planning lawyers crazy.

"Death Tax" takes on new meaning

Can you put a price on a life? We tend to think that life is priceless. But as 2010 draws near, with the federal estate tax set to repeal, some...